Wise Under Investigation in Europe over Money Laundering Controls
8 Articles
8 Articles
The Independent
Wise under investigation in Europe over money laundering controls
The fintech firm confirmed it was responding to questions from Belgian authorities.
According to the Brussels Public Prosecutor's Office, cases would involve more than half a billion euros (US$ 582.5 million) in suspicious transactions
Wise Europe under investigation: when money transfers attract the attention of justice The European subsidiary of the UK money transfer giant is at the heart of a major judicial process in Belgium. Wise Europe is targeted by an investigation on suspicions of money laundering, highlighting the considerable challenges posed by the fight against financial crime in an increasingly interconnected world. This case illustrates with striking clarity the…
The Brussels prosecutor's office confirmed that proceedings in this case were initiated as early as 2025, as the name of the company "Wise" appeared in hundreds of criminal cases.
The Belgian public prosecutor's office has announced that it has reached an advanced stage in its money laundering investigation into British money transfer giant Wise. The investigation examines allegations that the company was involved in suspicious transactions exceeding half a billion euros across Europe. A spokesperson for the Brussels public prosecutor's office stated that the investigation was opened last year and is now "at an advanced s…
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